CSRC Publishing: Open Journal Systems (Center for Sustainability Research and Consultancy)
Not a member yet
1354 research outputs found
Sort by
Contagion and interdependencies between BRICS-plus Countries on the Markets of Commodities and Derivative Financial Instruments
No full textPurpose: This study was started on the main macroeconomic data (2010-2019), coming from the countries of the BRICS-plus group. While a significant contribution of these emerging economies to global economic output has generally been observed, this has also been accompanied by persistent domestic imbalance.
Design/Methodology/Approach: Regarding the model, we state and contextualize the (long-term) risk co-incidence of the set of macroeconomic variables for this coalition of countries. Particular attention was paid to a valuation, description and forecasting model based on the calculation of the Dynamic Conditional Correlation (DCC) in a Generalized AutoRegressive Conditional Heteroscedasticity (GARCH) process on the time series of credit default swaps (CDS).
Findings: The empirical analysis and calculations carried out have verified the significance of the parameters and confirmed the conditional dynamic correlation between the economies of the Brics “expanded”, especially in the presence of shocks, which also involve mutual contagion (temporary increase in DCC) and even interdependence (increasing DCC leads to new, less unstable levels).
Implications/Originality/Value: The research offers a look at the most current trends in terms of international economic balances and the entire global system, focusing on commodity markets, financial derivatives and the impacts of trade at the dawn of the new BRICS-plus coalition
Effect of Legislative Budgetary Control on Financial Accountability in Nairobi County Kenya
No full textPurpose: This study assesses the impact of legislative budgetary control functions in Nairobi County on financial accountability. This accountability in public organisations is essential in safeguarding resources, promoting transparency, and enhancing the public's confidence in such public institutions.
Design/Methodology/Approach: A descriptive survey research method was employed, with respondents being 201 senior officials of the Nairobi County government chosen based on the Krejcie and Morgan sample size estimation formula. Data was obtained through structured questionnaires and analysed using descriptive and inferential statistics in the SPSS statistical software package (Version 24).
Findings: The results suggest that legislative budgetary control function has a critical effect on financial accountability (β = 0.077; p < 0.05). The findings emphasize the necessity of the legislative work for the analysis of the county’s proper resource spending and for enhancement of financial transparency.
Implications/Originality/Value: The research findings show that legislative efforts optimize budgetary control to enhance financial accountability in Nairobi County. It serves as a resource on how legislative oversight affects the management of public spending
Exploring the Nexus of Visual Impairment, Social Interaction and Relationships among Higher Education Students
No full textObjective: Social interaction and relationships are the real assets for students with visual impairment to grow in their matrixes. This study aimed at seeking the impact of visual impairment on social interaction and relationships.
Methodology: This study was quantitative and descriptive. The sample of the study (N=39) was the students with visual impairment from various colleges and universities of the Lahore district. A convenient sampling technique was used in this study. The instrument for this study was a self-developed structured questionnaire. After the completion of the data collection process, the data was analyzed through SPSS version 25 through frequency distribution and descriptive and inferential statistics.
Findings: The results of the study revealed a nexus between visual impairment and the relationships with family and friends of students with visual impairment. Moreover, students with visual impairments often feel excluded from social activities and events because of their visual impairment.
Implications: The study recommends that higher educational institutes should enhance awareness of the accessibility needs of visually impaired students in social settings to foster inclusivity and understanding
Influence of Audit Committee Composition on Dividend Policy of Dt Sacco Societies in Kenya
No full textPurpose: This study sought to examine audit committee composition and dividend payout of DT Saccos in Kenya.
Methodology/Approach: The study adopted causal as well as descriptive research designs. The study targeted 403 and sample of 201 stakeholders of DT Saccos in Kenya. The unit of inquiry was chairpersons and Chief executive officer. Using questionnaires as a primary data collection approach, three research assistants were involved. Data was hence processed and presented in form of tables.
Findings: A significant relationship between audit committee composition and dividend policy was ascertained P0.000<0.05.
Implications: The paper formulates that audit team structure and composition based on skills and abilities results to proper dividend payout decisions
Impact of Digital Transformation and Green Manufacturing Practices on Firm Performance with Mediating Role of Green Product Innovation: An Empirical Investigation with PLS-SEM Modeling
No full textPurpose: The objective of this research is to determine the impact of green manufacturing practices and digital transformation on firm performance, with a particular focus on the mediating role of green product innovation.
Design/Methodology/Approach: The study conducted a survey of 212 employees from various businesses using a questionnaire-based method. The data is analysed using Partial Least Squares Structural Equation Modelling (PLS-SEM) to examine the connections between digital transformation, green manufacturing practices, and company performance. The study also investigated the intermediary function of green product innovation in these connections and offered valuable insights into how sustainable practices might enhance corporate performance.
Findings: This research indicates that green product innovation plays a vital role in connecting these practices to improved company success. The results suggests that organisations that have used digital transformation technologies are more inclined to foster innovation in environmental friendly goods, so enhancing sustainability and subsequently improving performance.
Implications/Originality/Value: The present research contributes to the existing understanding of the impact of digital transformation and green manufacturing techniques on enhancing company performance with a specific emphasis on sustainability. The importance of digital transformation and environmentally-conscious manufacturing methods in improving the sustainability of enterprises is emphasised
Mediating Effect of Green Brand Association on the Relationship between Green Supply Chain Management Practices and Green Brand Satisfaction: A Study of Pakistani Apparel Brand
No full textPurpose: This research aims to ascertain the link between green supply chain management practices (GSCMP) and green brand association (GBA), as well as the role that GBA plays as a mediator between GSCMP and GBS, among Pakistani apparel brands. Consumers in Pakistan who have purchased green apparel brands are the subject of the study.
Design/Methodology/Approach: With the use of purposive sampling, 446 valid replies in total were obtained. In order to validate the research framework employing SMART-PLS, this study also carried out an empirical investigation using a questionnaire survey and a structural equation model (SEM).
Findings: The findings indicate a direct relationship between GSCMP (green information systems and reverse logistics) and GBA. Furthermore, the connection between GSCMP and GBS is mediated, according to this research, by green brand associations. While businesses often boost the GBS of their customer, they also need to raise the GSCMP, or green brand associations.
Implications/Originality/Value:
This study closes the research gap by demonstrating how GSCMP may favorably improve GBS via associations with green brands using the SOR model. The results of this study may assist managers of apparel brands in creating a stronger green branding strategies that encourage sustainable consumption
A Comprehensive Analysis of Role of Eco-Innovation in Linking Strategic Green Marketing and Service Innovation to Sustainable Products
No full textPurpose: This research seeks to establish whether strategic green marketing, service innovation and eco-innovation can be used in the improvement of sustainable products development and usage. The research aims at responding to the challenges such as climate change, scarcity of resources and pollution of the environment while satisfying the customer’s need for environmentally sustainable products and services. Design/Methodology/Approach: Quantitative research design was used whereby questionnaires with close ended questions were used with 223 participants from different organizations. The questionnaires addressed the issue of green marketing and the aspect of services with innovation. To test the research hypothesis and examine the strategic green marketing’s impact on service innovation, eco-innovation, and sustainable product development, multiple regression and mediation analysis were employed.
Findings: The outcomes show that the effects of strategic green marketing and service innovation on the creation of sustainable products when facilitated by eco-innovation are significant. Green marketing, backed by true green innovations, improves customers’ confidence.
Implications/Originality/Value: This paper provides suggestions to the managers, the policymakers, and the industry players regarding the establishment of sustainable, credible, and environmentally friendly business strategies. Thus, the analysis of these notions and the demonstration of the interconnections between them will help to enhance the development of sustainable business and the transition to a more sustainable economy
Influence of Bank Type on the Relationship Between Corporate Governance and Market Performance: Insights from Emerging Countries
No full textPurpose: The market performance of banks is highly impacted by corporate governance and type of bank. This study aims to empirically examine the influential impact of bank type on the relationship between corporate governance and bank’s market performance.
Design/Methodology/Approach: The study employed deductive approach and used a sample of 456 bank-year observation of 38 banks selected from emerging economies over the period from 2011 to 2023. The GMM - Generalized Method of Moments estimation was used to test the research hypothesis and to control the endogeneity issues in panel data.
Findings: The study reported a positive and significant effects of board size and board independence on the market performance of the banks such as Tobin’s Q by considering three controlling factors namely, leverage, liquidly and asset quality. Further, bank type has significant moderating effect on the link between corporate governance measures and bank’s market performance.
Implications/Originality/Value: This study contributed to the broader understanding of corporate governance by highlighting the role of bank type in shaping the effectiveness of governance mechanisms. Moreover, this study attempts to connect the empirical findings with governance theories for highlighting the role of governance in measuring the performance of banking sector of emerging economies that will facilitate decision makers and bank authorities to adopt such corporate governance mechanism that will enhance bank’s market performance
Assessing the Impact of Herzberg’s Two-Factor Motivation Theory on Job Satisfaction: A Study of Employees in the Punjab Healthcare Commission
No full textPurpose: The purpose of this study is to address the research gap in the healthcare sector by evaluating employee satisfaction through Herzberg’s Two-Factor Theory, providing actionable insights for optimizing workplace motivation within the Punjab Healthcare Commission.
Design/Methodology/Approach: This study explores the application of Herzberg's theory in the context of the Punjab Healthcare Commission (PHC), employing a quantitative research approach. A stratified sample of 150 employees, categorized across four grading levels, was analyzed using SPSS software.
Findings: Findings highlight that intrinsic factor such as the nature of work, career advancement, and responsibility coupled with recognition significantly enhance job satisfaction. While extrinsic factors like salary and status also contribute to job satisfaction, their impact was comparatively less pronounced. Additionally, supervision and work environment were found to have notable effects, demonstrating the complementary role of hygiene factors alongside motivator
Evidence of Monetary Policy and Economic Growth Nexus from Pakistan
No full textPurpose: To analyze the relationship between monetary policy and economic growth in Pakistan, study had used time-series data from 1975 to 2023.
Design/Methodology/Approach: Employing an empirical approach, the study applies the Error Correction Model (ECM) and the Autoregressive Distributed Lag (ARDL) framework to investigate variable interactions. To capture volatility within growth-rate of GDP-per-capita (GDPPC), study further applies the “Auto Regressive Conditional Heteroscedasticity (ARCH) and Generalized Auto Regressive Conditional Heteroscedasticity (GARCH) models”.
Findings: These results implied that inflation, money supply, and overall reserve-ratio exert a negative and significant impact on financial development, whereas monetary policy instruments, specifically interest rates and exchange rates, demonstrated a positive and significant effect on economic performance. Results from ARCH and GARCH analysis revealed a persistent long-run volatility effects in Pakistan’s GDPPC growth rate.
Implications/Originality/Value: So, it is concluded that money supply policies can be revised and instead of increasing money supply solely, the focus can be shifted towards increasing interest-rate and exchange-rate which, in most cases, yield positive results while money supply, especially in this study, has negative sign pointing towards negative economic growth unsupportive for sustainable growth and development